When oil giant Saudi Aramco announced its plans to list five percent of its shares publicly, global markets from Hong Kong to New York lined up to compete for a part of the listing – and not just because it’s the most profitable company in the world. Having evolved from humble beginnings into a full-fledged, integrated petroleum enterprise, Aramco is known in Saudi Arabia as a pioneer for rapid growth and change.
Vast wealth and the promise of dramatic change make for cautious optimism concerning Saudi Arabia, the chief executive…
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CENTRO Olaya, the sixth by Rotana Hotel in Saudi Arabia and the third in Riyadh, was inaugurated on…
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The Arab states of the Persian Gulf are the seven Arab states which border the Persian Gulf, namely Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE).This excludes the non-Arab state of Iran. All of these nations except Iraq are part of the Gulf Cooperation Council (GCC).
